All Reverse Mortgage Company (ARMC) is a HUD Approved Title II Lender offering all available Government Insured Reverse Mortgage Products. The current (2008) lending limit with a HECM Home Equity Conversion Mortgage is $362,790
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A Home Keeper reverse mortgage is Fannie Mae's conventional market alternative to the Home Equity Conversion Mortgage (HECM). It is a government-sponsored enterprise program and works like a HECM loan in many ways. However, a Home Keeper reverse mortgage addresses a few needs that are not met by HECM loans, such as individuals with higher property values, condominium owners, and seniors wishing to use a reverse mortgage to purchase a new home. The current (2008) lending limit with a Home Keeper reverse mortgage is $417,000.
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All Reverse Mortgage Company (ARMC) is proud to offer the Independence Plan. The IP Plan offers senior homeowners the lowest Jumbo Interest Rate in the nation with a margin choice of 2.1%. The current (2008) lending limit with a Independence Plan is $3,500,000.
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